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Articles from Satya Kishore | Selfgrowth.com
- The dollar fell against the euro and other major currency counterparts after China raised its interest-rates - by Submitted on Feb 15, 2011 from Satya KishoreInvestors were in a hurry to take home profits causing the DOW , S&P and Nasdaq to fall.Tom Wirth, senior investment officer for Chemung Canal Trust Co., said: “We've had such a great run that we're seeing some profit-taking even though there's really no information out there that's taking us ...
Views: 563 - The dollar fell against the euro - by Submitted on Feb 13, 2011 from Satya KishoreThe FTSE rose after banks gained after news came in that the British government is expecting lenders to pay an extra 800 million pound as tax. Whereas, the DAX and the CAC fell a bit after China raised interest rates.Ben Critchley, a sales trader at IG Index, said: “It is likely to remain more ...
Views: 632 - European Markets FTSE,DAX and CAC gained after investors were speculative that the US economy is strengthening - by Submitted on Feb 11, 2011 from Satya KishoreEuropean Markets FTSE,DAX and CAC gained after investors were speculative that the US economy is strengthening.Mike Lenhoff, chief strategist at Brewin Dolphin, said: “Moving on from where it left off last week, I think the equity markets are focusing on the growth that is out there and are ...
Views: 663 - Oil rose again,as speculation was high that the damand for oil may rise from the US and Europe - by Submitted on Feb 09, 2011 from Satya KishoreThe FTSE , DAX and CAC rose after falling for 2 consecutive days after upcoming American payroll numbers may rise giving hope of a stable economy.Jeremy Batstone-Carr, strategist at Charles Stanley, said: “Quite clearly, equities are deriving substantial benefit from Fed monetary policy. By ...
Views: 645 - US markets had started to look up again - by Submitted on Feb 04, 2011 from Satya KishoreUS markets had started to look up,after Egyptian Vice-President Omar Suleiman, said that the President Hosni Mubarak has asked him to speak to all political parties. The armed forces in Egypt have also said that they would not fire on peaceful demonstrators.Robert Lutts, president and chief ...
Views: 563 - The euro fell against the dollar after a continuous rally - by Submitted on Feb 03, 2011 from Satya KishoreThe euro fell against the dollar after a continuous rally in the last week, after investors moved towards safe haven assets on hearing news about Egypt's unrest. The yen however gained against most currencies as investors trusted investing in it after S&P downgraded Japan's credit rating. Jens ...
Views: 699 - Shares in Europe rose after mining stocks advanced - by Submitted on Feb 02, 2011 from Satya KishoreShares in Europe rose after mining stocks advanced. But investors were reminded about the debt problem in the European countries after S&P downgraded Japan's credit rating to AA-. S&P noted in a statement : "The downgrade reflects our appraisal that Japan’s government debt ratios -- already ...
Views: 544 - Gold prices rose on a weaker dollar and strong Asian physical demand - by Submitted on Jan 21, 2011 from Satya KishoreThe euro rose to an eight-week high on increasing optimism that Europe can defuse its debt crisis, but equities fell on poor US housing data and bank earnings, while a rally in commodities faded.Samarjit Shankar, managing director of global foreign exchange strategy at BNY Mellon in Boston said: ...
Views: 577 - The US markets at Wallstreet are closed on a positive note - by Submitted on Jan 21, 2011 from Satya KishoreEuropean shares ended higher as euro zone finance ministers inched toward improving a rescue fund and investor confidence grew in Germany. Miners gained as metal prices rose.Richard Batty, strategist at Standard Life Investments in Edinburgh said: "Clearly the fact that finance ministers are ...
Views: 584 - The euro rose this week and could extend gains next week - by Submitted on Jan 18, 2011 from Satya KishoreThe euro rose this week the most and could extend gains next week after successful securities auctions by indebted euro zone members calmed fears of a credit crisis in the region.Fabian Eliasson, vice president of currency sales at Mizuho Corporate Bank in New York said: "We're at a bit of a ...
Views: 664 - The euro slumped against the US dollar - by Submitted on Jan 12, 2011 from Satya KishoreThe Nikkei saw a bright day after being trapped in tight range, as investors stayed cautious ahead of key U.S.jobs data, while a drop in commodity prices was offset by a strong performance in Chinese equities.The Nikkei 225 gained 11.28 points at 10,541.04 The S&P 500 Index and other indexes in ...
Views: 648 - The dollar surprisingly rose against the euro after an unexpected rise in US economy - by Submitted on Jan 11, 2011 from Satya KishoreThe dollar surprisingly rose against the euro after an unexpected rise in US factory new orders in November. The Federal Reserve's meeting minutes too was in talks, which maintained another round of Quantitative measures was needed to give more strength to the US economy.Richard Grace, chief ...
Views: 735 - US Markets ended the First day of trading in New Year on a positive and happy note - by Submitted on Jan 11, 2011 from Satya KishoreNew Year brought new and bright goodies to the European equities like the FTSE , CAC and DAX which ended the first day of trading on a very strong note, after gaining more than 7 percent in 2010 as money managers got fresh allocations, with Porsche leading auto shares higher.Trading volumes were ...
Views: 555 - The dollar briefly trimmed losses versus the yen - by Submitted on Jan 07, 2011 from Satya KishoreThe European equities like the FTSE,CAC and DAX ended up lower after gains in the past two sessions, with data showing the pace of business expansion moderating in China prompting investors to trade cautiously. Energy shares featured among the top decliners as crude oil prices fell 0.4 percent ...
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